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Sergeeva-Olga [200]
3 years ago
7

Dorothy likes to invest in gold as part of her overall financial investment portfolio, as her gut tells her it will increase dra

matically in value. Her favorite and only source of investment advice is Wizard's Gold Hour on the OZ cable channel. As a result of this advice, Dorothy's portfolio mix is suboptimal as it is too heavily weighted in gold. This concept describes what Dorothy suffers from?
Business
1 answer:
Inessa05 [86]3 years ago
6 0

Answer:

a confirmation bias

Explanation:

Based on the scenario being described within the question it can be said that this concept describes that Dorothy suffers from a confirmation bias. This is a type of cognitive bias in which an individual favors more information that supports or confirms other beliefs that they may have. As it is illustrated in this situation Dorothy likes to invest in gold and follows the OZ cable channel's advice because it supports her belief that gold will increase in value.

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The banking system in the united states is referred to as a fractional reserve banking system because?
zhuklara [117]

The banking system in the United States is referred to as a fractional reserve bank system because banks hold a fraction of deposits on reserve.

The Reserve bank of India chiefly referred to as RBI is India's valuable financial institution and regulatory frame chargeable for the regulation of the Indian banking gadget. It is below the possession of the Ministry of Finance, authorities of India. It's miles chargeable for the manipulation, difficulty, and maintaining delivery of the Indian rupee.

The reserve bank acts as a regulator and supervisor of the general financial system. This injects public self-belief into the countrywide economic gadget, protects hobby costs, and gives wonderful banking alternatives to the general public. Subsequently, the RBI acts as the company of countrywide forex.

The Federal Reserve Banks are installed like private corporations. Member banks keep stock inside the Federal Reserve Banks and earn dividends.

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5 0
2 years ago
Sandy is a personal financial planner at Pro-Future, Inc. Pro-Future is a financial company that focuses on personal and busines
amid [387]

Answer:

d. The higher the risk, the lower the possible investment.

Explanation:

With regards to speculation, hazard can be characterized as the changeability of return. the contrast between real result and expected result can be called as hazard. In the given model, Sandy think about that there is a positive connection between the likelihood of hazard and returns. for example on the off chance that there is high hazard, the likelihood of getting returns is high. in the event that there is less hazard, the likelihood of getting returns is low.  

Right now, likes to go with if the higher the hazard, the lower the potential ventures, in light of the fact that the inconstancy of profits is high. Means the financial specialist could conceivably get the profits, consequently they may like to go with certain and ensured returns than dubious more significant yields. In the region of ventures it is a typical inquiry to all, some may go with higher the hazard the lower the conceivable speculation.  

Henceforth, the appropriate response is option D.  

In the event that an announcement is there that the higher the hazard, the bigger the potential returns, it doesn't imply that the speculator gets more significant yields with his ventures. the odds are there to get more significant yields simultaneously there are a few issues moreover.

8 0
3 years ago
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Answer:

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Explanation:

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